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GateHub's Simple Exchange [feedback welcome]


enej

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Hello nice people of XRPChat,

As part of our ongoing effort to simplify our Wallet we designed a new "Simple Exchange" page. Before we publish the new page we wanted to hear your feedback.

Is it simple enough for a beginner? How can we improve it?

For those of you who are experiencing delays with our support please be patient. We are hiring more people to help with enormous increase in registrations. We will soon open an official GateHub Topic, where you will be able to submit feature requests, bugs, etc... Stay tuned!

Enej

 

P.s.: @kanaas we haven't forgotten about order stacking. Update almost ready!

 

exchange.png

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The picture looks nice and simple. I would need to try it out to give more meaningful feedback. 

Will it have more decimal points on price? Like, 0.00598765 instead of rounding to 0.0060

Maybe information pop outs when hovering the mouse over buttons, giving a description of what it does. The ability to turn this on and off would be good too.

Will it have an "are you sure?" Confirmation pop up when making trades. To prevent accidental trades?

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I'd like to try this when I have time, but I love the idea and screenshot you provided. Sometimes (now rarely, as I don't trade and my interest in XRP has waned), I want to do a simple conversion when, for example, BTC is gaining vs the USD, or something. A very basic idiot-proof way to exchange values like this would be ideal for folks like me who want to be in and out quickly, and who miss the simple option from the defunct official Ripple client.

Great work!

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37 minutes ago, rippledigital said:

I'd like to try this when I have time, but I love the idea and screenshot you provided. Sometimes (now rarely, as I don't trade and my interest in XRP has waned), I want to do a simple conversion when, for example, BTC is gaining vs the USD, or something. A very basic idiot-proof way to exchange values like this would be ideal for folks like me who want to be in and out quickly, and who miss the simple option from the defunct official Ripple client.

Great work!

With a convert feature, would be nice to be able to convert all of one currency balance to another, not have to manually calculate a total with ever fluctuating prices...

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2 hours ago, T8493 said:

How this "Simple exchange" deals with trustlines?

I guess (and that's what I would expect as a beginner) that it is just a trading utility for XRP and EUR/USD issued by Gatehub and that those trusts has been set by creating the wallet. Actually by holding a wallet on Gatehub you already trust them and the word trust hasn't even to be mentioned for the beginner. A beginner expects to trade the fiat he just deposit to trade for XRP or to sell off and withdraw XRP for fiat....Only the advanced want to trade for other issuers (and learn about trust)

@gatehubFor me it looks good at first sight

 

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3 hours ago, tulo said:

Nice work!
Next step is to simplify the hosted-ripple wallets stuff. Is there any reason behind the hosted wallet?

Tulo,

Can you elaborate on this?  What is meant by "hosted-ripple wallets stuff"?  I had a similar question around the overall organization of wallets in Gatehub, but not sure if you were asking about the same thing. 

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7 hours ago, T8493 said:

@kanaas, screenshot shows different IOUs, not just those issued by Gatehub.

@T8493 From what issuer? I do not see a name?

@gatehub  In the table @ the right with the wallet balance there's indeed more than once XRP, EUR and USD listed. This is not clear what for? More than one USD/EUR can be more issuers, but twice XRP???? Wouldn't it be better to just list once what is issued by GateHub?

Edited by kanaas
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Yes, looks good, it took me 10 minutes to explain to my roommate (a very smart lad) how to figure out how to trade XRP for BTC. 

1. agreed, "are you sure" button would be great

2. yes, being able to convert all currency with one click is important too

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How is the price determined? Is it according to current ledger orderbook using pathfinding +  some safety % built in? If an order becomes bigger, price should become worse (depending on the orderbook)

If a user has trustlines to several EUR or several USD, will it choose according the pathfinding algorithm? The ability to have more type of EUR or USD (via trustlines) will make it more complex for an average user and the interface from above less transparant. Maybe the average user should be advised to use only 1 trustline per currency

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2 hours ago, jn_r said:

How is the price determined? Is it according to current ledger orderbook using pathfinding +  some safety % built in? If an order becomes bigger, price should become worse (depending on the orderbook)

If a user has trustlines to several EUR or several USD, will it choose according the pathfinding algorithm? The ability to have more type of EUR or USD (via trustlines) will make it more complex for an average user and the interface from above less transparant. Maybe the average user should be advised to use only 1 trustline per currency

isn't it sufficient to make sure that rippling is turned off?

Edited by kanaas
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